Chinese Private Equity Market Overview

An EMPEA Professional Development Webcast

Join CDH Investments, Shoreline Capital and our panel of China private equity market experts for the next EMPEA Professional Development Webcast as they discuss China’s economic status, development outlook, and the implications on investments in China and the world.

Key topics discussed, included:

  • Ignoring the noise in the headlines, where does China's economy actually stand?
  • Hard landing, soft landing or no landing – will Beijing use extreme measures similar to the last credit expansion to “save” itself and the rest of the world’s economy?
  • Averting one debt default after another, will China follow in Japan’s footstep to a long recession after the burst of the debt problem?
  • Regardless of China's recent economic reforms, what will be the sources of its long-term economic growth?​

EMPEA Members: Log in to access the full webcast recording and presentation.

Speakers Include

Peter Boodell
Founder and Portfolio Manager, Boodell & Company

Peter is the founder and portfolio manager at Boodell & Company, an Asia‐focused investment management firm based in New York City. Prior to founding Boodell & Co., Peter was a Partner at Eastern Advisors, an Asia dedicated hedge fund under the Tiger Management umbrella. Peter began his career at Jardine Fleming in Hong Kong where he worked to pioneer early synthetic equity access products in India, Taiwan and Korea. He then moved to New York with the Fleming parent company to expand the Asia derivatives and program trading business. Peter also spent a year working with Arne Duncan, current Secretary of Education, in the CEO's office at the Chicago Public Schools. He received a BA from Princeton University and an MBA from the University of Chicago Booth School of Business. While at the University of Chicago, Peter started the Buffett Club, and happily claims to have lunched twice with Mr. Buffett in Omaha. Peter serves currently on the Board of the Untermyer Gardens Conservancy, is a trustee at the Tiger Foundation serving on the Education Committee and is the Founder and Chair of YONY Initiative, Inc. a nonprofit local development corporation dedicated to developing a creative and technology hub in Downtown Yonkers serving the Rivertowns Corridor and greater Westchester County. Peter lives with his wife, four children and a dog in the Ludlow Park neighborhood in Southwest Yonkers in Westchester, NY.

 

Benjamin Fanger
Co-Founder & Managing Partner, Shoreline Capital

Mr. Fanger co‐founded Shoreline Capital Management, Ltd. in 2004 to invest in distressed assets and special situations in China. The firm currently manages about US$780 million on behalf of institutional investors from North America, Europe, Asia and the Middle East. Mr. Fanger works with the team to formulate the company’s investment strategies and is involved in sourcing, analysis, negotiation, restructuring and liquidation related to acquiring and disposing distressed assets in China. He has worked directly with Chinese sellers, borrowers, judges and high‐level government officials throughout the investment cycle. Prior to establishing Shoreline, Mr. Fanger was involved as a founding member in the start‐up and exits of several firms, with the majority of his career being China‐focused. He has done work on Chinese nonperforming loan investments and private equity deals with the field’s leading team of attorneys. Mr. Fanger has been fluent in spoken and written Chinese for seventeen years. He also holds a JD and MBA from the University of Chicago and is a licensed attorney in the State of California.

 

Fraser Howie
Author, Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise

Fraser Howie is co-author of three books on the Chinese financial system, Red Capitalism: The Fragile Financial Foundations of China’s Extraordinary Rise (named a Book of the Year 2011 by The Economist magazine and one of the top ten business books of the year by Bloomberg), Privatizing China: Inside China’s Stock Markets and “To Get Rich is Glorious” China’s Stock Market in the ‘80s and ‘90s.

He studied Natural Sciences (Physics) at Cambridge University and Chinese at Beijing Language and Culture University and for twenty years has been trading, analyzing and writing about Asian stock markets. During that time he has worked in Hong Kong Beijing and Singapore.

He has worked for Bankers Trust, Morgan Stanley, CICC and from 2003 to 2012 he worked at CLSA as a Managing Director in the Listed Derivatives and Synthetic Equity department.

He has contributed to the Wall Street Journal, South China Morning Post, China Economic Quarterly and China Economic Review as well being a regular China commentator on CNBC, Bloomberg, BBC and Al Jazeera.

 

Stuart Schonberger
Managing Director, Head of Investor Relations, CDH Investments

Schonberger is one of the founding partners of CDH China Management Company Limited (“CDH Investments”) and is the head of the firm’s investor relations activities. He is the principal liaison between the investment team and the firm’s over 100 global institutional investors and regularly participates in investment team meetings. Prior to the formation of CDH Investments, Schonberger was a Vice President in China International Capital Corporation’s private equity group. From 1987 to 1994, Schonberger worked at The First National Bank of Chicago in New York providing corporate finance services to corporate clients. After leaving First Chicago, he returned to China to pursue entrepreneurial ventures from 1994 to 1998. Schonberger received his MBA from New York University’s Graduate School of Business and B.A. from Wesleyan University.

 

Henny Sender
Chief Correspondent, International Finance, Financial Times

Henny Sender joined the Financial Times in 2007 and is currently the FT's chief correspondent for international finance, based in New York. Previously, Sender was based in Hong Kong and covered international finance.

Prior to joining the FT, she served as the Wall Street Journal's Senior Special Writer for the Money & Investing section and covered private equity and hedge funds.  Before joining WSJ, Sender worked in Hong Kong for nearly 10 years and covered regional finance for the Wall Street Journal Asia and the Far Eastern Economic Review. Prior to that, she was based in Tokyo for five years, writing for Institutional Investor. Sender was part of a team at the Wall Street Journal that won a Loeb award for coverage of the meltdown of Amaranth, a hedge fund. Her work on the overseas Chinese  nationals received a citation from the Overseas Press Club and she was a finalist for the National Magazine Awards. Her book on India, The Kashmiri Pandits, was published by Oxford University Press.

Sender has a Phd in Indian history and holds an MS from the Columbia University School of Journalism. She is a member of the Council on Foreign Relations.